Meta wants to get into the electricity trading business to secure reliable power for its expanding AI data centers.
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Meta Wants to Get Into Electricity Trading Why Meta Wants to Get Into the Electricity Trading Business Growing energy demands from massive AI data centers are pushing Meta to explore new solutions. Meta wants to get into the electricity trading business to secure long-term power deals, reduce energy risks, and support the construction of new power plants. With federal approval, Meta aims to buy and resell electricity on wholesale markets—an approach already adopted by Apple, with Microsoft following closely. Image Credits:Hollie Adams/Bloomberg / Getty Images How Meta Plans to Trade Power for Its AI Data Centers Meta wants to get into the electricity trading business to guarantee stable, future-proof energy supply. The company says trading authority would allow it to commit to long-term power purchases while reselling excess energy when needed. Developers of new power plants are more willing to build facilities when companies like Meta show long-term commitment, giving AI infrastructure projects a stronger foundation. Why Electrici…
